Is Rent Control The Answer To Rising Evictions?

Is Rent Control The Answer To Rising Evictions?

By NPR

The pandemic made monthly rent payments soar, rising 15 percent between 2020 and 2022.

Evictions are also on the rise since the pandemic, with some cities seeing filings increases by as much as 50 percent, according to Princeton University's Eviction Lab.

This has led some cities and states to consider rent regulations.

This month, a group of economists sent a letter to the Biden Administration in support of national rent regulation. It's a sign of a possible shift in what historically has been one of the most agreed-upon topics among economists – probably ever.

We discuss rent control and which regulations actually work.

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